Summary of Key Information:

Nature of Filing / Announcement: Outcome of circular resolution for QIP allotment

Key Financial Highlights:

Corporate Actions:

  • Qualified institutions placement of 1,19,99,847 equity shares of face value ₹1 each
  • Issue price: ₹125 per equity share
  • Discount: ₹2.01 per share (1.58% discount to floor price of ₹127.01)
  • Total issue size: ₹149,99,80,875 (₹149.998 crore)
  • Issue opened: October 29, 2026
  • Issue closed: November 05, 2026

Capital Structure Change:

  • Pre-issue paid-up equity capital: ₹10,66,34,050 divided into 10,66,34,050 equity shares
  • Post-issue paid-up equity capital: ₹11,86,33,897 divided into 11,86,33,897 equity shares
  • Increase in share capital: ₹1,19,99,847

List of Allottees:

| Sr. No. | Name of Allottee | Category | No. of Shares | % of Issue | % of Company |

| 1 | KUBAR INDIA OPPORTUNITY FUND | AIF | 1,60,000 | 1.33% | 0.13% |

| 2 | ZEAL GLOBAL OPPORTUNITIES FUND | FPI | 5,69,350 | 4.74% | 0.48% |

| 3 | INNOVATIVE VISION FUND | AIF | 4,00,000 | 3.33% | 0.34% |

| 4 | UPSURGE OPPORTUNITIES FUND 1 | AIF | 2,39,999 | 2.00% | 0.20% |

| 5 | 31 DEGREES NORTH FUND - 31 DEGREES NORTH FUND I | AIF | 4,00,000 | 3.33% | 0.34% |

| 6 | 31 DEGREES NORTH GROWTH FUND | AIF | 4,00,000 | 3.33% | 0.34% |

| 7 | 31 DEGREES NORTH INDIA OPPORTUNITIES FUND | AIF | 4,00,000 | 3.33% | 0.34% |

| 8 | TIGER STRATEGIES FUND-I | AIF | 10,40,000 | 8.67% | 0.88% |

| 9 | SAINT CAPITAL FUND | FPI | 36,00,000 | 30.00% | 3.03% |

| 10 | VENUS INVESTMENTS VCC - VENUS STELLAR FUND | FPI | 4,00,000 | 3.33% | 0.34% |

| 11 | LONGTHRIVE CAPITAL VCC - GAMMA VIEW FUND | FPI | 3,99,999 | 3.33% | 0.34% |

| 12 | LONGTHRIVE CAPITAL VCC - TRENDVIEW CAPITAL FUND | FPI | 7,99,999 | 6.67% | 0.67% |

| 13 | DARWIN EVOLUTION GROWTH FUND | AIF | 2,00,000 | 1.67% | 0.17% |

| 14 | UNI GROWTH FUND | AIF | 24,00,000 | 20.00% | 2.02% |

| 15 | ARNESTA GLOBAL OPPORTUNITIES FUND PCC - ARNESTA GLOBAL FUND-1 | FPI | 3,15,000 | 2.63% | 0.27% |

| 16 | FINWAVE GLOBAL OPPORTUNITIES FUND | FPI | 2,75,500 | 2.30% | 0.23% |

Other Significant Information:

  • No cancellation or termination of the issuance proposal
  • Signed by Shruti Agarwal, Company Secretary and Compliance Officer (M. No.: F12124)
  • Place of signing: Kolkata
  • Date of disclosure: November 05, 2026